Accelerating a shift of production outside China, Tata Group is set to become Apple’s fourth iPhone contract manufacturer, following its acquisition of Taiwanese firm Wistron’s factory in southern India, according to research firm TrendForce. Ben Jiang for South China Morning Post: The Mumbai-based, cars-to-software conglomerate has received orders for the new iPhone 15 and iPhone 15 Plus models to be launched later this year, indicating that India will see the first wave of shipments for the new series, TrendForce said in a recent blog post, without elaborating. “Following Apple’s pattern, new suppliers receive smaller orders for lower-end models,” the Taipei-based firm said. It predicted Tata’s share of assembly orders from Apple for various iPhone models would amount to 5 per…

Apple assembler Hon Hai Precision Industry Co., known as Foxconn, reported its third consecutive quarterly profit miss, after the company succumbed to a persistently weak Android phone market. The logo of electronics contract manufacturer Foxconn Technology Group, formally known as Hon Hai Precision Industry, is displayed at its headquarters in Taipei. Photo: Agence France-Presse Bloomberg News: The company known as Foxconn, which makes most of Apple’s signature devices, reported net income of NT$12.8 billion ($417 million) for the first three months. That compared with the NT$29.8 billion average analysts’ estimate. Revenue rose almost 3% for the period, based on monthly sales figures. Stronger-than-expected iPhone sales during the March quarter failed to completely offset weakness in overall Android phone-making. Foxconn and…

Macworld Each year Apple releases a major update for iOS, the operating system on your iPhone. The current version, released last year, is iOS 16, and it doesn’t take a genius to predict that 2023 will see the launch of iOS 17. This free software update will bring a raft of interface tweaks, bug fixes, and new features. It’s like getting a new iPhone without paying a penny. In this article, we discuss everything you need to know about iOS 17. We cover its release schedule and when you can expect the beta and final versions to come out; how to get it when it does; the models of iPhone that are likely to be able to run iOS; and…

Macworld Each year Apple releases a major update for iOS, the operating system on your iPhone. The current version, released last year, is iOS 16, and it doesn’t take a genius to predict that 2023 will see the launch of iOS 17. This free software update will bring a raft of interface tweaks, bug fixes, and new features. It’s like getting a new iPhone without paying a penny. In this article, we discuss everything you need to know about iOS 17. We cover its release schedule and when you can expect the beta and final versions to come out; how to get it when it does; the models of iPhone that are likely to be able to run iOS; and…

Apple stock rose in pre-market trading on Friday after the world’s most valuable company beat Wall Street’s targets for its fiscal second quarter on strong sales in iPhones and services. Patrick Seitz for Barron’s: The Cupertino, Calif.-based company late Thursday said it earned $1.52 a share on sales of $94.8 billion for the quarter ended April 1. Analysts polled by FactSet had predicted Apple earnings of $1.43 a share on sales of $92.9 billion. “We are pleased to report an all-time record in services and a March-quarter record for iPhone despite the challenging macroeconomic environment,” Chief Executive Tim Cook said in a news release. Also, Apple increased its quarterly dividend by 4% to 24 cents a share. Plus, Apple’s board…

Macworld Apple on Thursday announced its second quarter 2023 earnings, posting revenue of $94.8 billion for the quarter, a 3 percent decline year over year, and quarterly earnings per diluted share of $1.52, which is unchanged from last year. Apple beat the expectations of analysts that predicted revenue of $92.96 billion and $1.43 earnings per share. Mac sales took the biggest hit, posting net revenue of $7.2 billion, a 31 percent decrease compared to the same quarter last year. iPad revenue was also down 13 percent to $6.7 billion. Apple did say, however, that the Mac and iPad reached all-time highs for their installed bases worldwide, but the company did not provide numbers. Apple’s Wearables, Home and Accessories sales were…